DG SERVICES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DG SERVICES
Largest movements
- Tangible fixed assets -€13,853
down €13,853 (-33.5%), from €41,364 to €27,511
of which Leasing and similar rights: -€9,880
- Cash +€13,658
up €13,658 (+30.7%), from €44,485 to €58,143
mainly Net result for the year (+€17,225) and Depreciation (+€13,853)
- Receivables within one year -€3,790
down €3,790 (-12.5%), from €30,255 to €26,465
of which Trade receivables: -€10,518
- Debts after one year -€8,827
down €8,827 (-43.0%), from €20,550 to €11,723
- Profit (loss) carried forward +€8,625
up €8,625 (+12.7%), from €67,773 to €76,398
- Other debts -€3,980
down €3,980 (-39.8%), from €10,000 to €6,020
- Tax, wage and social debts -€2,301
down €2,301 (-9.3%), from €24,746 to €22,445
- Trade debts +€1,711
up €1,711 (+23.5%), from €7,287 to €8,998
- Other operating charges +€6,653
up €6,653 (+83.7%), from €7,952 to €14,604
- Depreciation -€6,627
down €6,627 (-32.4%), from €20,480 to €13,853
- Gross operating margin -€5,007
down €5,007 (-8.6%), from €58,218 to €53,211
- Taxes -€2,662
down €2,662 (-29.9%), from €8,908 to €6,246
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,934 | €142,471 | -€4,463 | -3.0% |
| Fixed assets | 21/28 | €41,433 | €27,580 | -€13,853 | -33.4% |
| Tangible fixed assets | 22/27 | €41,364 | €27,511 | -€13,853 | -33.5% |
| Furniture and vehicles | 24 | €319 | €136 | -€183 | -57.3% |
| Leasing and similar rights | 25 | €31,002 | €21,122 | -€9,880 | -31.9% |
| Other tangible fixed assets | 26 | €10,042 | €6,253 | -€3,790 | -37.7% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €105,501 | €114,891 | +€9,390 | +8.9% |
| Stocks and contracts in progress | 3 | €30,448 | €29,390 | -€1,058 | -3.5% |
| Stocks | 30/36 | €30,448 | €29,390 | -€1,058 | -3.5% |
| Amounts receivable within one year | 40/41 | €30,255 | €26,465 | -€3,790 | -12.5% |
| Trade receivables | 40 | €25,603 | €15,085 | -€10,518 | -41.1% |
| Other amounts receivable | 41 | €4,652 | €11,380 | +€6,728 | +144.6% |
| Cash at bank and in hand | 54/58 | €44,485 | €58,143 | +€13,658 | +30.7% |
| Deferred charges and accrued income | 490/1 | €313 | €893 | +€580 | +185.6% |
| Total equity and liabilities | 10/49 | €146,934 | €142,471 | -€4,463 | -3.0% |
| Equity | 10/15 | €75,833 | €84,458 | +€8,625 | +11.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,773 | €76,398 | +€8,625 | +12.7% |
| Amounts payable | 17/49 | €71,100 | €58,013 | -€13,087 | -18.4% |
| Amounts payable after more than one year | 17 | €20,550 | €11,723 | -€8,827 | -43.0% |
| Financial debts | 170/4 | €20,550 | €11,723 | -€8,827 | -43.0% |
| Amounts payable within one year | 42/48 | €50,550 | €46,290 | -€4,261 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €8,517 | €8,827 | +€310 | +3.6% |
| Trade debts | 44 | €7,287 | €8,998 | +€1,711 | +23.5% |
| Suppliers | 440/4 | €7,287 | €8,998 | +€1,711 | +23.5% |
| Taxes, remuneration and social security | 45 | €24,746 | €22,445 | -€2,301 | -9.3% |
| Taxes | 450/3 | €24,746 | €22,445 | -€2,301 | -9.3% |
| Other amounts payable | 47/48 | €10,000 | €6,020 | -€3,980 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,480 | €13,853 | -€6,627 | -32.4% |
| Other operating charges | 640/8 | €7,952 | €14,604 | +€6,653 | +83.7% |
| Gross operating margin | 9900 | €58,218 | €53,211 | -€5,007 | -8.6% |
| Operating profit (loss) | 9901 | €29,787 | €24,754 | -€5,033 | -16.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,866 | €1,288 | -€578 | -31.0% |
| Recurring financial charges | 65 | €1,866 | €1,288 | -€578 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €27,921 | €23,471 | -€4,450 | -15.9% |
| Income taxes | 67/77 | €8,908 | €6,246 | -€2,662 | -29.9% |
| Profit (loss) for the period | 9904 | €19,013 | €17,225 | -€1,788 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,013 | €17,225 | -€1,788 | -9.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.